AMF report points to rising risks for share dealers, with one unnamed dealer losing €2.2m in a rushed transaction in 2018

By

Samuel Agini

October 9, 2019 5:06 pm GMT

The French financial markets regulator has sounded a warning on the growing concentration of stock trading in a five-minute window at the end of each day. It says the problem is particularly acute in French markets, and carries a rising risk of mishaps.

The Autorité des Marchés Financiers highlighted several concerns about the jump in trading during so-called closing auctions, which are run by stock exchanges at the end of every trading day.